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Global Ostomy Drainage Bags Market Research and Forecast, 2022-2028

  • Report
  • 151 Pages
  • August 2022
  • Region: Global
  • Orion Market Research Private Limited
  • ID: 4744477
UP TO OFF until Dec 31st 2022

Global Ostomy Drainage Bags Market Size, Share & Trends Analysis Report by Type (Colostomy Bags, Ileostomy Bags, Urostomy Bags, and Others) By Use (Single-Use, and Multi-Use), By End-User (Hospitals & Clinics and ) Forecast 2022-2028


The global ostomy drainage bags market is anticipated to grow at a CAGR of 4.2% during the forecast period. An ostomy is a procedure that creates a stoma or opening from a location in the body's interior to the outside. It is primarily used to treat diseases of the urinary and digestive systems. It is possible to have a permanent or temporary ostomy. Growing product developments and the prevalence of colorectal cancer, bladder cancer are two major factors contributing to the market growth. Furthermore, the growing geriatric population in Europe and the US with urinary incontinence issues is also expected to drive market growth during the forecast period. However, Patients who have had ostomy operations can experience a variety of symptoms or problems that may restrain the growth of the market. According to the National Center for Biotechnology Information (NCBI), about 20% to 70% of ostomates have stoma-related complications after surgery. Moreover, the growing awareness and acceptance regarding ostomy drainage bags in the emerging economies further projected to provide significant opportunities for the ostomy drainage bag industry.


Segmental Outlook

The global ostomy drainage bags market is segmented based on type, use, and end-user. Based on type, the market is segmented into colostomy bags, ileostomy bags, urostomy bags, and others. Based on use, the market is segregated into single-use (closed-end), and multi-use (drainable). Further, based on end-user, the market is classified into hospitals & clinics and homecare.


Global Ostomy Drainage Bags Market Share by Type, 2019(%)


Global Ostomy Drainage Bags Market Share by Type


Colostomy bags are considered to have a significant share in the global ostomy drainage bags market


Colostomy bags are estimated to have a significant share among the type segment due to the increasing prevalence of colorectal cancer. A colostomy bag is a plastic bag that collects waste from the digestive tract through a stoma, which is a hole in the abdominal wall. Colostomy bags are preferred by the geriatric population with urinary, colorectal, and bladder tract problems to eliminate leakage that further contributing to the growth of the segment. Furthermore, various governments are taking steps to raise awareness about colostomy procedures used to treat diseases such as colorectal cancer. Moreover, technological advancements have resulted in the development of colostomy bags that are more durable, skin-friendly, unbreakable, and waterproof. These all factors are attributing to the growth of the colostomy bags segment and making it one of the dominating segments.


Regional Outlooks

The global ostomy drainage bags market is further segmented based on geography including North America, Europe, Asia-Pacific, and the Rest of the World. North America is projected to have a significant share in the global ostomy drainage bags market attributing to factors that include the rising prevalence of kidney diseases, diabetes, and the developed healthcare industry in countries such US. Furthermore, the presence of a large number of manufacturers in the region also ensures the overall growth of the industry. Other factors including the rising prevalence of colorectal cancer, lung cancer, and urinary tract cancer along with technological advancements in ostomy products are propelling market growth in the region.


Global Ostomy Drainage Bags Market Growth, By Region 2022-2028


Global Ostomy Drainage Bags Market Share by region


Asia-Pacific is projected to be the fastest-growing region in the global Ostomy Drainage Bags Market during the forecast period.


Asia-Pacific is projected to be the fastest-growing region in the ostomy drainage bags market and the growth is attributed to the rising prevalence of colorectal cancer in emerging economies such as the Philippines, South Korea, Turkey, and Indonesia. The presence of favourable government policies and significant investments in the healthcare sector in developed economies such as Australia and Japan fuels market growth in the region. Furthermore, the rising prevalence of inflammatory bowel disease and Chron's disease is propelling the market growth in the region.


Market Players Outlook

The key players of the ostomy drainage bags market include ConvaTec Group Plc., Flexicare (Group) Limited, B. Braun Melsungen AG, ALCARE Co., Ltd, Salts Healthcare Ltd, and Welland Medical Ltd., and others. The market players are considerably contributing to the market growth by the adoption of various strategies including mergers, and acquisitions, collaborations, and new product launches, to stay competitive in the market.


The Report Covers

  • Market value data analysis of 2020 and forecast to 2027.
  • Annualized market revenues ($ million) for each market segment.
  • Country-wise analysis of major geographical regions.
  • Key companies operating in the global Ostomy Drainage Bags market
  • Based on the availability of data, information related to new product launches, and relevant news is also available in the report.
  • Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
  • Analysis of market-entry and market expansion strategies.
  • Competitive strategies by identifying 'who-stands-where in the market.

Table of Contents

1. Report Summary
1.1. Research Methods and Tools
  • Current Industry Analysis and Growth Potential Outlook
  • Impact of COVID-19 on the Global Ostomy Drainage Bags Industry
  • Recovery Scenario of Global Ostomy Drainage Bags Industry
1.2. Market Breakdown
1.2.1. By Segments
1.2.2. By Geography
2. Market Overview and Insights
2.1. Scope of the Report
2.2. Analyst Insight & Current Market Trends
2.2.1. Key Findings
2.2.2. Recommendations
2.2.3. Conclusion
2.3. Regulations
3. Competitive Landscape
3.1. Key Company Analysis
3.1.1. Overview
3.1.2. Financial Analysis
3.1.3. SWOT Analysis
3.2. Key Strategy Analysis
3.3. Impact of COVID-19 on key players
4. Market Determinants
4.1. Motivators
4.2. Restraints
4.3. Opportunities
5. Market Segmentation
5.1. Global Ostomy Drainage Bags Market by Type
5.1.1. Colostomy Bags
5.1.2. Ileostomy Bags
5.1.3. Urostomy Bags
5.1.4. Others (J-Pouch, Continent Bags)
5.2. Global Ostomy Drainage Bags market by Use
5.2.1. Single-Use (Closed-End)
5.2.2. Multi-Use (Drainable)
5.3. Global Ostomy Drainage Bags market by End-User
5.3.1. Hospitals and Clinics
5.3.2. Homecare
6. Regional Analysis
6.1. North America
6.1.1. United States
6.1.2. Canada
6.2. Europe
6.2.1. UK
6.2.2. Germany
6.2.3. Italy
6.2.4. Spain
6.2.5. France
6.2.6. Rest of Europe
6.3. Asia-Pacific
6.3.1. China
6.3.2. India
6.3.3. Japan
6.3.4. South Korea
6.3.5. Rest of Asia-Pacific
6.4. Rest of the World
7. Company Profiles
7.1. Alcare Co. Ltd.
7.2. Allegro Medical Supplies Inc.
7.3. B. Braun Melsungen AG
7.4. Duke Medical Supply, Inc.
7.5. Coloplast Corp.
7.6. ConvaTec Group Plc
7.7. Cymed Micro Skin
7.8. Flexicare (Group) Ltd.
7.9. Hollister Inc.
7.10. Marlen Manufacturing & Development Co.
7.11. Nu-Hope Laboratories, Inc.
7.12. Pelican Healthcare Ltd.
7.13. Salts Healthcare Ltd.
7.14. Schena Ostomy Technologies, Inc.
7.15. Torbot Group, Inc.
7.16. Vogt Medical Vertrieb GmbH
7.17. Welland Medical Ltd.
7.18. Romsons

Companies Mentioned

A selection of companies mentioned in this report includes:

  • Alcare Co. Ltd.
  • Allegro Medical Supplies Inc.
  • B. Braun Melsungen AG
  • Duke Medical Supply, Inc.
  • Coloplast Corp.
  • ConvaTec Group Plc
  • Cymed Micro Skin
  • Flexicare (Group) Ltd.
  • Hollister Inc.
  • Marlen Manufacturing & Development Co.
  • Nu-Hope Laboratories, Inc.
  • Pelican Healthcare Ltd.
  • Salts Healthcare Ltd.
  • Schena Ostomy Technologies, Inc.
  • Torbot Group, Inc.
  • Vogt Medical Vertrieb GmbH
  • Welland Medical Ltd.
  • Romsons